diff --git a/doc/dynare.texi b/doc/dynare.texi
index 61cd82db7b6557a51aed628147c8c6d058acae16..6e1186af04a3fd69568bec9bf422fc305c1f9ee9 100644
--- a/doc/dynare.texi
+++ b/doc/dynare.texi
@@ -4585,7 +4585,7 @@ The variables are arranged in declaration order.
 @end defvr
 
 @defvr {MATLAB/Octave variable} oo_.kurtosis
-After a run of @code{stoch_simul} contains the kurtosis (standardized fourth moment)
+After a run of @code{stoch_simul} contains the excess kurtosis (standardized fourth moment)
 of the simulated variables if the @code{periods} option is present. 
 The variables are arranged in declaration order.
 @end defvr